Decision to discontinue US Midwest ferrous scrap No1 busheling index: pricing notice

Fastmarkets

2025/11/05

This decision follows a 60-day consultation period ended Friday October 31. The decision to discontinue MB-STE-0422 Steel scrap No1 busheling index, delivered Midwest mill has been facilitated by the ...

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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDecision to discontinue US Midwest ferrous scrap No1 busheling index: pricing notice\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-11-05 13:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fastmarkets.com/insights/decision-to-discontinue-us-midwest-ferrous-scrap-no1-busheling-index-pricing-notice/><strong>Fastmarkets</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>This decision follows a 60-day consultation period ended Friday October 31.\nThe decision to discontinue MB-STE-0422 Steel scrap No1 busheling index, delivered Midwest mill has been facilitated by the ...</p>\n\n<a href=\"https://www.fastmarkets.com/insights/decision-to-discontinue-us-midwest-ferrous-scrap-no1-busheling-index-pricing-notice/\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4162","symbol_name":"人寿与健康保险","start_time":0,"source_url":"https://www.fastmarkets.com/insights/decision-to-discontinue-us-midwest-ferrous-scrap-no1-busheling-index-pricing-notice/","article_id":"2581772033","we_media_id":null,"thumbnails":[],"rights":{"source":"fastmarkets_highlight","url":"https://www.fastmarkets.com/insights/decision-to-discontinue-us-midwest-ferrous-scrap-no1-busheling-index-pricing-notice/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2581772033","pubTimestamp":1762318800,"columns":[],"sourceInfo":{"source_id":"fastmarkets_highlight","name":"Fastmarkets"},"weMediaInfo":null,"summary":"Fastmarkets will discontinue its MB-STE-0422 Steel scrap No1 busheling index, delivered Midwest mill, $ per gross ton, effective January 2026.","collect":0,"end_time":0,"defaultTopTitle":"fastmarkets.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4162":"人寿与健康保险","MDWT":"Midwest"},"translate_title":"决定停止美国中西部黑色金属废料1号布什林指数：定价通知","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MDWT":1.5},"content_text":"This decision follows a 60-day consultation period ended Friday October 31.\nThe decision to discontinue MB-STE-0422 Steel scrap No1 busheling index, delivered Midwest mill has been facilitated by the transition of the settlement of the Chicago Mercantile Exchange No1 busheling contract to Fastmarkets’ assessment of the Chicago No1 busheling price on December 16 2024.\nThe index had remained active in the interim period to support existing contracts that are settled against that calculated number.\nAll short-term forecasts associated with this price produced by the Fastmarkets research team, if any, will also be discontinued.\nTo provide feedback on this decision to discontinue, or if you would like to provide price information by becoming a data submitter to this index, please email pricing@fastmarkets.com and metalsrecycling@fastmarkets.com, adding the subject heading “re: US ferrous scrap indices for No1 busheling.”\nPlease indicate if comments are confidential. Fastmarkets will consider all comments received and will make comments not marked as confidential available upon request.\nTo see all Fastmarkets pricing methodology and specification documents, go to the Fastmarkets methodology page.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}